Under the Radar: A BP That Looks Like a Good Buy

Hilary Kramer, editor of GameChangerStocks.com, recently stopped by our studios to talk about investing in regional banks Synovus (SNV) and Citizens Republic Bancorp (CRBC). But there is another bank that she also likes, so we called her back again. That bank is Banco Popular (BPOP), a bank that was described by FBR Capital Markets earlier this month as the "Least Expensive Big Bank in America."

There is a lot to like. The bank, which provides retail and commercial banking services in Puerto Rico, the U.S., Costa Rica, the Dominican Republic, El Salvador and Venezuela, has taken steps to improve its balance sheet and get rid of low performing businesses such as its Evertec processing subsidiary. It also has a compelling valuation that makes this bank one of the least expensive out of all the large banks in the country.

With a market cap of $1.8 billion, Popular trades at nearly $3 per share, down about 27% since the beginning of this year. In the short video below, Hilary Kramer explains why she thinks the stock has upside potential.